TDS and TCS Return Filing
Preparation and submission of TDS/TCS returns, ensuring compliance with statutory obligations and avoiding penalties.

CA Arjun M S
We believe in going beyond the fundamentals to provide comprehensive, strategic solutions for your business needs. Our approach involves fostering strong relationships, staying informed about the latest developments, and ensuring that all regulatory requirements are met. Whether you're starting a new venture or managing an established business, we focus on guiding you through complex challenges with a commitment to accuracy, compliance, and long-term success.
Services Details
Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) are key components of the Indian tax compliance system. Timely deduction, deposit, and reporting of TDS/TCS help ensure tax credit availability to deductees and avoid interest, penalties, and notices. We provide comprehensive assistance in preparing, reviewing, and filing TDS/TCS returns in accordance with applicable provisions of the Income Tax Act, 1961.
Scope of Services
1. TDS/TCS Calculation & Compliance Review
We assist in the accurate calculation of TDS/TCS on various payments and receipts, including:
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Salaries, interest, rent, professional fees, commissions, and contractual payments
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Sale of goods attracting TCS under applicable thresholds
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Guidance on applicable rates, exemptions, and threshold limits
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Support in timely payment of TDS/TCS within statutory deadlines
2. Preparation & Filing of TDS/TCS Returns
We offer end-to-end filing support for:
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Form 24Q: TDS on salaries
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Form 26Q: TDS on payments other than salaries
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Form 27Q: TDS on payments to non-residents
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Form 27EQ: TCS returns
Our process includes verification of challan details, PAN validation, and file preparation for submission through the TRACES portal.
3. TDS/TCS Reconciliation & Form 16/16A Generation
We assist in:
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Matching TDS/TCS payments with Form 26AS
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Addressing mismatches or defaults flagged in department communications
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Generating and issuing Form 16 (for employees) and Form 16A (for vendors/service providers)
4. Correction, Revision & Compliance Support
We support clients with:
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Filing of correction returns for errors in original filings (such as incorrect PAN, challan mismatches, etc.)
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Handling TDS notices and facilitating responses to the Income Tax Department
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Advisory on lower/nil deduction certificates and related compliance requirements
Client Segments Served
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Employers and salary disbursing entities
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Companies, LLPs, proprietorships, and partnerships making contract, professional, or rental payments
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E-commerce operators and traders liable to collect TCS
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Businesses engaged in sale of goods where TCS is applicable
Indicative List of Documents Required
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TAN, PAN details, and business registration documents
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Monthly TDS/TCS payment challans
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Payment records including salary sheets, rent agreements, contracts, and invoices
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Previous TDS/TCS returns filed (if applicable)
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Employee and vendor PAN details
Approach
We follow a systematic and compliant process to ensure timely and accurate TDS/TCS return filing. Our services include periodical reminders, data validation, secure data handling, and submission tracking to help clients maintain seamless compliance with tax laws.
Working with CA Arjun M S
- Commitment to Excellence: We prioritize delivering solutions that maintain the highest standards of quality and precision.
- Transparency and Integrity: Building trust and maintaining clear, open communication is at the core of our approach.
- Cost Efficiency: Our solutions help reduce operational costs by optimizing resources and minimizing inefficiencies.
- Streamlined Business Operations: By handling key aspects of your business needs, we allow you to focus on your core competencies and growth.
- Compliance Assurance: We ensure your organization remains up-to-date with all regulatory requirements, mitigating risk and ensuring smooth operations.